Harlem Bespoke: When did Harlem brownstones start selling at the $1 million mark? Some might think this is a recent development but the big milestone happened several decades ago.
Harlem's modern real estate guru was non other than
Willie Suggs who started a business uptown in the mid 1980s when she moved to Harlem after seeing that brownstones were going for the $30-50K range which was definitely pocket change for an entire house in Manhattan back then. The ambitious broker soon convince owners to list at $100K and prices started inching up in the next decade.
By 1995, Ms. Suggs would be the first to sell a Harlem house for $500k and things would really take off after that. Another record home sale at $850K was set in 2000 and then the million dollar price point was shattered by 2002 when a townhouse sold for $2 million. So for those who have been wondering, dirt cheap housing was basically something from over 35 years ago in a more rougher decade of the city's past. More on the story can be found in this New York magazine article from a few years back:
LINK
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